Global standard logistics center project underway

Ulaanbaatar /MONTSAME/ Delta Holding LLC has been implementing a project on “Mongol Farmer” logistics center, in order to establish a comprehensive system of transport, storage and distribution of agricultural products that meets the international standards. It was said by executive director of the company Ts.Ganbat to parliament Speaker Z.Enkhbold March 31 during the latter's getting au fait with the project implementation progress. Mongolia is importing some 68,500 tons of vegetables worth 27 billion MNT (13.2 million USD) each year, noted Ganbat and introduced to the Speaker the project. "Initially commissioned storage pits are storing 180 tons of cabbage, 140 tons of onions and 120 tons of potatoes, along with some apples and roses. With a full implementation, the project will cover 33.2 percent of the domestic vegetable storage demand, providing the consumers with healthy foods," he said. The project is to create 24 jobs and 1,000-2,000 workplaces indirectly, he added. The estimated cost of the project is 25 billion Togrog (12.2 million USD), six billion Togrog of which has been provided by investors. The project has taken 7.5 billion MNT credit in the margin of price-stabilizing programme, and repaid 5.0 billion by March 31, and is expecting to pay the rest within the coming eight months, he went on. In the second phase--in 2016-2017, the project will build 2,200 ton capacity storages and sorting shops for vegetables and meat. A farmer from Mandal soum of Selenge aimag D.Batmunkh said 50 percent of harvester vegetables are disposed of due to the poor storing conditions. To prevent this, landfarmers sell their vegetables on very low prices in the autumn, "and this causes profit loss". The project executors asked the government to support on this socially and economically important project.